MGTA01H3 Lecture Notes - Lecture 8: Lorenz Curve

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14 Aug 2019
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MGTA01H3 Full Course Notes
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Owning shares can give you more votes in a shareholder meeting. Advantages: credibility give a sense that you have more capacity, big returns with investments, more incentive to invest more (the more shares you have, the more votes you get) Weaknesses: structure designed by the rich to protect interests of the rich. Intended to make the rich even richer: ownership is based on who supplied the money and who has the most shares, no governed by a moral code (amoral) Solution to the perceived weakness of shareholder corporations. Features: user-owner the more you use it, the more ownership you have, democratic control one member one vote (everyone has equal impact, user benefits more financial reward if you are active in the co-op. 5 - measuring performance, gdp, economic performance, income inequality, economic output, 6,7,8 entrepreneurship, business planning, writing business plan, types of businesses.

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